Real Estate Equity

We’ve been developing and investing in real estate for nearly a century, and today we maintain a fully integrated investment platform in core, core-plus, and value-add office, industrial, multifamily, and retail assets in the United States, Canada, and Asia.

 

Philosophy

We focus on markets with strong growth characteristics, attractive demographics, and the potential for improving long-term valuations. We seek to maximize returns through active asset management with the aim of delivering consistent income and long-term capital appreciation throughout each market cycle. Our geographically focused and vertically integrated real estate operational platform streamlines property-level decision-making and the management of capital projects.

Managed by

Greg Spafford

Senior Portfolio Manager, Real Estate Equity

Greg is responsible for investment strategy, transaction execution, and overall portfolio management of Manulife’s Canadian Pooled Real Estate Funds, including Manulife Canadian Property Portfolio, Manulife Canadian Real Estate Investment Fund, and Manulife Canadian Pooled Real Estate Fund. Prior to joining the firm in 2017, he held positions at LaSalle Investment Management and PricewaterhouseCoopers.

  • Education: B.C., Ryerson University; M.P., Queen’s University
  • Joined the company: 2017
  • Began career: 1997
Greg Spafford

Matthew Warner

Portfolio Manager, Real Estate Equity

Matt is a real estate portfolio manager within Manulife Investment Management's private markets team. Prior to joining the firm in 2016, he was director of portfolio management at Colony Capital, responsible for supporting the head of portfolio management and chief financial officer for that firm’s core-plus/value-add platform, as well as various other corporate initiatives. Prior to that, he was a vice president in the consulting and valuation division at the Debt Exchange.

  • Education: B.A. in Economics, Boston College; M.S. in Real Estate Development, MIT
  • Joined the company: 2016
  • Began career: 2005
Matthew Warner

Key facts

  • Inception date

    1925

  • Strategy AUM (USD)

    $18.1B

  • Category

    Private markets

  • ESG

    Green building certifications on 81% of our real estate equity portfolio 

ESG statistics are as of December 31, 2019. All other data is as of December 31, 2020, unless otherwise indicated. Strategy assets under management include assets managed by Manulife Investment Management and its affiliates on behalf of Manulife’s Canadian and U.S. General Accounts and also certain third-party investors. Not all portfolio managers are depicted. Investment advisory services to external accounts in the United States are offered by Manulife Investment Management Private Markets (US) LLC (“Manulife IM PM (US)”), a U.S. Securities and Exchange Commission registered investment adviser and subsidiary of Manufacturers Investment Corporation. The inception date of Manulife IM PM (US)’s first external account mandate was 2014. Manulife IM PM (US) manages $0.6B of real estate equity strategies on a discretionary basis and $1.7B on a nondiscretionary basis, as of December 31, 2020.


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